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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBanking. The combination of lower loan loss provisions and balances led the cost of risk easing to 2.53 percent... markets has negatively affected the corporate credit growth in the Greek banking market. Deposits receded
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy, and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7... loans, which consist the bulk of consumer credit disbursements over the past few months. Today’s
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BoG sees encouraging signs for Greek economy but warns on reforms
Economymainly led by optimistic outlook on tourism and shipping receipts. The recent positive momentum... credit NPLs remain at the high end at 47.3 percent (from 38.8 percent in 2012), followed by corporate
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomymonth, which is the highest monthly reading since January 2012. The robust performance in June led... credit disbursements over the past few months. b) Increased tourism leading to tourism and rent-a-car
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyin consumer loans without a defined maturity, largely related to credit cards, displayed a marginal.... The combination of an 8 and 54 bps drop in the average deposit and loan rates, led the average spread
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well... of consumers is car loans, which make up the bulk of consumer credit disbursements so far in 2014.
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Samaras, Venizelos opt for earlier presidential vote in high-risk strategy to save coalition
PoliticsGreek Politics. They could conclude the pending troika review and agree the terms of a precautionary credit line (ECCL... government or for a SYRIZA or SYRIZA-led administration to take over after snap elections. The swiftness... nominee. It is highly unlikely that there will be an en masse move of these MPs to the government’s
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politicsof February, the SYRIZA or SYRIZA-led coalition would have to decide whether to suffer the political... some time. However, without a bailout programme and credit line and shut out of the bond markets due
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Another euro stitch unpicked
Agoraof this decision already: Here’s Frederik Ducrozet, chief economist at Credit Agricole: “The bottom line... missing from the debate is the Greek perspective. The SYRIZA-led government has reacted coolly
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politics, the non-availability of credit even for profitable firms, and the urgent need for investment-led
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